1 year on rocket

226 Hendrie St, Detroit, MI, 48202

$499,500

Home List Price

$5,932*

Closing Credit

7 Bedrooms
3 Full Baths, 1 Partial
3,756 SqFt
$133/SqFt
House
Schools Nearby

Location

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226 Hendrie St, Detroit$499,500

Buyer Closing Credits

$5,932*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1905
HeatingNatural Gas, Forced Air
BasementYes
MLS #20221021774
Lot Size0.16 Acres
StatusActive

About 226 Hendrie St

Incredible development/investment opportunity for a historic home in the Detroit Art Center area without the historic district constraints. 3,700+ Sq Ft of living space that includes 7 bedrooms and 3.5 baths with additional common area/flex rooms on each floor. Renovation is well underway and presents a tremendous opportunity for someone to capitalize on its completion. The space is clean and organized for an immediate jump-start to completing your project and can be lived in while doing so. Numerous development projects in the area, both in progress and completed, contribute to a trajectory of increasing values. The location’s proximity to the DIA, WSU, CCS, freeways, mass transit, retail and dining make it superb for rentals. Best of all, this home qualifies for NEZ-R and has already been approved by the City of Detroit and is in the final stages of State issuance of a 15-year tax abatement. The NEZ-R(ehab) certificate will freeze the value of the home prior to the improvements being made for 15 years which translates to extremely low taxes with no homestead requirement. Full documentation to be provided upon offer acceptance. Alley access and rear supports a garage/accessory dwelling unit. Enjoy the photos but come experience the space. If you have a vision, it can be realized here.

Property Details

Property Features

Property Information:

  • Architectural Style: Neoclassical
  • Year Built: 1905
  • Stories: 3
  • Living Area: 3,756 SqFt

Listing Office:

  • Office Name: Max Broock, REALTORS®-Detroit
  • Office Phone: (313) 324-8430
  • Listing Agent: Desert Klein-Kassab

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Freezer, Gas Range, Refrigerator, Stainless Steel Appliance(s), Washer
  • Basement: Yes
  • Interior: Smoke Alarm, Cable Available, Other, High Spd Internet Avail, Security Alarm (rented), Furnished - No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Enter Hendrie from Brush (one way), proceed west to 226 Hendrie on the South side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,500
  • Price Per SqFt: $133/SqFt

Tax Information:

  • Annual Amount: $1,791
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

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Detroit, MI

City

Med. Sold Price

$81K

Med. Price/SqFt

$70

Avg. Days On Market

45

# of Sold Homes

426

226 Hendrie St vs Detroit

647 DAYS ON ROCKET

+602 Days

$499,500

+$418.4K More

$133/SqFt

+$62 More

KEY TAKEAWAY

This property is $418.4K more than the Median Sold Price and $62/SqFt more than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20221021774

Listing Office:

  • Office Name: Max Broock, REALTORS®-Detroit
  • Office Phone: (313) 324-8430
  • Listing Agent: Desert Klein-Kassab

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 3:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 09, 2021Home Sold
$350,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,791$40,400
2020$1,783$37,500
2018$1,783$23,300
2017$1,780$20,700

History based on county public records data.

Payment Calculator

$2,560

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,564

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-6527408
4
/10

  • University Preparatory Academy (Psad) Elementary School

  • 435 Amsterdam St

  • 0.40 miles

  • Public Charter Grades KG-5

school-card-donut-6527409
3
/10

  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 0.61 miles

  • Public Charter Grades KG-5

school-card-donut-6527410
7
/10

  • The James and Grace Lee Boggs School

  • 4141 Mitchell St

  • 1.67 miles

  • Public Charter Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,063. Residents of Detroit, MI typically earn less than $35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 226 Hendrie St

What is the listing price of this property?

The listing price of 226 Hendrie St property is $499,500.

What type of property is this?

The property 226 Hendrie St is a house located in Detroit, Michigan, 48202.

Is this property for sale now?

Active Listing: 226 Hendrie St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,791 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 9, 2021 for $350,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 226 Hendrie St has 7 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 226 Hendrie St is 3,756 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 226 Hendrie St is 1905.

Rocket Homes›Michigan›Wayne County›Detroit›48202›226 Hendrie St

This home is located at 226 Hendrie St in Detroit, MI and zip code 48202 in the Downtown neighborhood. This 3,756 square foot home, which was built in 1905, sits on a 0.16 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 28, 2022 and is currently priced at $499,500.

In April 2024, from all listings sold in Detroit, MI there were more than 94 sold above asking price, over 243 sold below and more than 89 were sold right at the asked price. Between March 2024 and April 2024, Detroit, MI real estate market has seen increase in the number of listings by 12.7%. The median list price of listings available in April 2024 was $81,036, while the average time on the real estate market was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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